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The aerospace artificial intelligence market is forecasted to grow by USD 4694.7 mn during 2023-2028, accelerating at a CAGR of 43.6% during the forecast period. The report on the aerospace artificial intelligence market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a rise in global air traffic, rapid technological advancements in AI, and the increasing use of data analytics for decision-making.
The aerospace artificial intelligence market is segmented as below:
By Component
- Software
- Hardware
- Services
By End-user
- Machine learning
- Natural language processing
- Computer vision
- Context awareness computing
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the aerospace artificial intelligence market covers the following areas:
- Aerospace artificial intelligence market sizing
- Aerospace artificial intelligence market forecast
- Aerospace artificial intelligence market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global aerospace artificial intelligence market: Advanced Micro Devices Inc., Airbus SE, Deutsche Telekom AG, General Dynamics Corp., General Electric Co., Honeywell International Inc., Indra Sistemas SA, Infosys Ltd., Intel Corp., International Business Machines Corp., Iris Automation Inc., Lockheed Martin Corp., Microsoft Corp., Northrop Grumman Corp., NVIDIA Corp., Raytheon Technologies Corp., SITA, SparkCognition Inc., Thales Group, and Shield AI.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emergence of NLP for cockpit interaction.'
According to the report, one of the major drivers for this market is the rise in global air traffic.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advanced Micro Devices Inc.
- Airbus SE
- Deutsche Telekom AG
- General Dynamics Corp.
- General Electric Co.
- Honeywell International Inc.
- Indra Sistemas SA
- Infosys Ltd.
- Intel Corp.
- International Business Machines Corp.
- Iris Automation Inc.
- Lockheed Martin Corp.
- Microsoft Corp.
- Northrop Grumman Corp.
- NVIDIA Corp.
- Raytheon Technologies Corp.
- SITA
- SparkCognition Inc.
- Thales Group
- Shield AI